The Connecticut Secretary of the State has issued guidance on filings under the Model Entity Transactions Act (META), which takes effect on January 1, 2014. META will allow cross-entity mergers, consolidations and equity-interest exchanges as well as redomestication in Connecticut.

Cross-entity mergers will be permitted in Connecticut pursuant to a "junction box" statute adopted by the Connecticut General Assembly on the last night of its session and signed by Governor Malloy on July 13.

Connecticut has adopted legislation to update the Connecticut Business Corporation Act, which governs stock corporations formed under Connecticut law (the "amendments"). Public Act 11-147 was signed by Governor Malloy on July 8, 2011, and will become effective on October 1, 2011.